It’s long been the case, in life as well as business that the bigger and richer you are, the more you get away with. Anyone running a small business with big companies as clients knows what a nightmare it can be to get paid; but if you owe them money, it’s not long before the legal stuff starts. The taxman has a similar nightmare getting tax from many of those big companies and has targets to meet, like everyone working for the government these days. So who can blame him if he goes for the soft, low-hanging fruit and sends increasing numbers of small businesses to the wall? If you want to blame someone, look higher up the food chain. I’d say.
“IHT to be ‘battleground policy’ in general election as receipts continue to grow”
Just when you thought Inheritance Tax was to become yesterday’s news, it’s back as, apparently and potentially, a ‘battleground policy’ as the election looms.